Universal Technical price target raised to $22 from $20 at Barrington

Barrington raised the firm’s price target on Universal Technical to $22 from $20 and keeps an Outperform rating on the shares ahead of the company reporting fiscal Q3 results on Tuesday, August 6. The firm’s estimates call for FY25 revenue growth of 9.7% to $795.0M and GAAP EPS growth of 29.6% to 92c, the analyst noted in an earnings preview.